Compare Hoover's and Roosevelt's programs to combat the Depression.

Question

Social Studies

Leila Luna

8 April, 05:16

Compare Hoover's and Roosevelt's programs to combat the Depression.

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Answers (1)

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Linda · Answer 1

Hoover launched a massive public works program and introduced various economic reformatory acts.

Roosevelt introduced "New Deal".

Explanation:

Hoover's Policy:

*During the great Depression Hoover tried to get back people to work instead of going behind relief grants

*In october 30th he established the President's Emergency committee for employment.

*He introduced ideas like, The Reconstruction Finance Corporation through which loans were granted for various institutions.

*The Glass-Steagall Act of 1932 for getting commercial credit.

*The Emergency Relief and Construction Act of 1932 through which funds were released for public works for local, state and federal bodies.

Roosevelt's policy:

*He introduced "New Deal" policy to combat Depression.

*Through New Deal a series of programs for public works, financial reforms and regulation were enacted.

*The major programs included the "Civilian Conservative Corps", the "Civil Works Administration ", the "Farm security Administration ", the "National Industrial Recovery Act of 1933", the "Social Security Administration ".

*The program focused on 3 "R", - Relief for the unemployed and poor-Recovery of the economic back to normal levels-Reform of the financial system to prevent a repeat Depression.